News
(2014-09-28) Maridive 235 to be fully equipped by 2014-end
Egypt's Maridive & oil services (MOIL), Middle East's biggest oil services by fleet size, announced on Sunday that its Multi-Purpose Support Vessel (MPSV), Maridive 235, will be inaugurated today in ...
(2014-09-28) Telecom Egypt denies annulment of 20% stake IPO
Telecom Egypt (ETEL) said on Sunday that it was not notified of any decision by the state commissioner’s authority regarding a recommendation to nullify the IPO of 20% of its shares.
The telecoms f...
(2014-09-24) Al Ezz Dekheila Steel: losses due to gas supply halt nearing LE 100 m
Sources inside Al Ezz Dekheila Steel (IRAX) said that the rebar inventory reached 130,000 tons for the first times in years, AlMasry AlYoum reported.
Daily production was limited to 3,000 tons at t...
(2014-09-24) Spinalex narrows losses in 2013/14
Alexandria Spinning and Weaving (Spinalex) (SPIN) said on Wednesday its net loss had narrowed in the fiscal year 2013/2014.
The firm posted a net loss of LE 6 million, down from LE 21.2 million in...
(2014-09-23) Rubex Plastics looks for land plots in Turkey, Greece
Chairman of Rubex Plastics (RUBX) Magdy El-Taher said that the board of director is persistent on executing the expansion plans despite the negotiation failure with the Industrial development Authorit...